In the news from CNNMoney: Firms that bankrolled oil boom hurting. Wage hikes denting Walmart’s bottom line. Delta predicts lower fares are coming. China expected to post worst growth since 2009. Peace Corps applications rise. Boeing has created the lightest metal ever which it describes as 99.99 percent air.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped -1.18 percent to close at 919.4. Nearly all manufactured housing related stocks we cover closed down, or even, but Killam edged up +0.20 percent, to $10.17, the most of tracked stocks, while Nobility Homes dropped sharply -4.94 percent to end the day at $11.16 at the low end.
On the Big Board:
The Dow Jones Industrial Average fell -0.92 percent, more than the other two indices, -157.14 points, to end the day at 16,924.75.
The NASDAQ slipped -0.29 percent, -13.76 points, to end at 4,782.85.
The S&P 500 edged down -0.47 percent, -9.45 points, to close at 1.994.24.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $170.60 -0.41 (-0.24%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $196,899 -1,679.00 (-0.85%).
Carlyle Group (NASDAQ:CG) $19.10 -0.25 (-1.29%).
Cavco Industries, Inc. (NASDAQ:CVCO) $72.10 -1.72 (-2.33%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $58.17 -0.46 (-0.78%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $60.35 -0.46 (-0.76%).
Killam Properties Inc. (TSE:KMP) $10.17 +0.02 (+0.20%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $16.74 -0.33 (-1.93%).
Nobility Homes Inc. (OTCMKTS:NOBH) $11.36 -0.59 (-4.94%).
Patrick Industries, Inc. (NASDAQ:PATK) $43.19 -0.53 (-1.21%).
Skyline Corporation (NYSE:SKY) $2.54 -0.01 (-0.39%).
Sun Communities Inc. (NYSE:SUI) $66.91 -0.78 (-1.15%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $52.34 -0.41 (-0.78%).
UMH Properties, Inc. (NYSE:UMH) $9.86 -0.09 (-0.90%).
Universal Forest Products, Inc. (NYSE:UFPI) $61.04 -0.61 (-0.99%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.